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Auction of luxury cars worth 10.5 billion VND in Ha Tinh

Việt NamViệt Nam05/10/2023

The lot of cars auctioned in Ha Tinh this time has a starting price of 10.5 billion VND, including luxury cars such as Lexus LX570, Volkwagens Beetle, Range Rover, DUCATI Multistrada motorbike...

Minh Nhat Joint Stock Auction Company has just announced the auction of confiscated assets for the state budget for 7 vehicles (6 cars, 1 motorbike) managed by the Office of the Investigation Police Agency - Ha Tinh Provincial Police.

Auction of luxury cars worth 10.5 billion VND in Ha Tinh

Two Range Rover cars were among the properties put up for auction.

The assets put up for auction include a yellow Volkswagen Beetle, manufactured in 1999 in Mexico; a black Lexus LX570, 5.7L capacity, manufactured in 2018 in Japan.

Landrover brand car, dark blue, model number Range Rover, capacity 2.0L, manufactured in 2016 in UK; Landrover brand car, model number Range Rover, white, capacity 2.0L, manufactured in 2016 in UK.

Hyundai Santafe brand car, white, 2.4L capacity, manufactured in 2014 in China; Kia Sportage brand car, black, 2.0L capacity, manufactured in 2005 in Korea.

DUCATI Multistrada motorcycle, capacity 1198, manufactured in 2017 in Italy.

Auction of luxury cars worth 10.5 billion VND in Ha Tinh

Lexus LX570 car manufactured in 2018 in Japan.

The origin of the above assets is confiscated assets for the state budget, which have been established as public ownership. The starting price of this lot of cars is 10.5 billion VND, excluding taxes, fees, and other financial obligations.

To participate in the auction, bidders must deposit 2 billion VND in advance; 500 thousand VND/1 application. The form and method of the auction is by indirect postal ballot, with an ascending bid method. Each bid step is 200 million VND.

Time and place for selling documents and receiving registration documents to participate in the auction is from October 3 to 5:00 p.m. on October 27 at the headquarters of Minh Nhat Joint Stock Auction Company - No. 40 Dang Dung Street, Tan Giang Ward, Ha Tinh City.

The time and place of the price announcement is at 8:30 a.m. on October 30 at the headquarters of Minh Nhat Joint Stock Auction Company.

M.D


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